2017-05-15T10:38:30-05:00 2016-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2015-07-01 593211153 FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC FLOR 8506448650 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 DAVID O'KEEFE ASSISTANT DIRECTOR 8506448650 2017-05-15 1 KEN KURDZIEL P00060407 3523781331 2017-05-15 2015 2021-01-29 14:40:06Z GARY K OSTRANDER 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 25019734 0 X WWW.RESEARCH.FSU.EDU X 1993 FL PROMOTING AND FACILITATING RESEARCH ACTIVITIES OF FLORIDA STATE UNIVERSITY FACULTY, STAFF, AND STUDENTS. 9 4 0 0 0 0 0 0 13302442 16685815 9089647 2327349 12074 0 22404163 19013164 8673846 12576222 0 0 554434 512880 0 0 0 3349230 3090427 12577510 16179529 9826653 2833635 145497175 147774937 29047497 29597363 116449678 118177574 X THE MISSION OF THE FSU RESEARCH FOUNDATION INCLUDES THE PROMOTION AND ENCOURAGEMENT OF, AND ASSISTANCE TO, THE RESEARCH AND TRAINING ACTIVITIES OF FACULTY, STAFF, AND STUDENTS OF THE FLORIDA STATE UNIVERSITY THROUGH INCOME FROM CONTRACTS, GRANTS, AND OTHER SOURCES, INCLUDING, BUT NOT LIMITED TO, INCOME DERIVED FROM OR RELATED TO THE DEVELOPMENT AND COMMERCIALIZATION OF UNIVERSITY WORK PRODUCTS. THE FSU RESEARCH FOUNDATION PROVIDES MEANS BY WHICH DISCOVERIES, INVENTIONS, PROCESSES, AND WORK PRODUCTS OF FACULTY, STAFF, AND STUDENTS OF THE UNIVERSITY MAY BE PATENTED, DEVELOPED, APPLIED, AND UTILIZED IN ORDER THAT THE RESULTS OF SUCH RESEARCH SHALL BE MADE AVAILABLE TO THE PUBLIC AND THAT FUNDS BE MADE AVAILABLE FROM SUCH DISCOVERIES, INVENTIONS, PROCESSES, AND WORK PRODUCTS FOR FURTHER RESEARCH AT THE FLORIDA STATE UNIVERSITY. 0 0 12581058 12576222 12575193 THE RESEARCH FOUNDATION ACCEPTS AND ADMINISTERS CONTRACTS AND GRANTS FROM PRIVATE SOURCES, (I.E. NON-U.S. FEDERAL, STATE AND LOCAL GOVERNMENTAL ENTITIES), WHICH ARE USED IN SUPPORT OF RESEARCH AT THE FLORIDA STATE UNIVERSITY. THE RESEARCH FOUNDATION PROCESSED 249 PROPOSALS AND 147 AWARDS IN THE CURRENT YEAR. 1699958 3403295 THE RESEARCH FOUNDATION OPERATES EIGHT BUILDINGS WITH THE OBJECTIVE OF PROVIDING RESEARCH FACILITIES FOR FLORIDA STATE UNIVERSITY TENANTS TO PERFORM RESEARCH. 1236017 707327 ADMINISTERING INCOME FROM RESEARCH/ROYALTY CONTRACTS RECEIVED BY UNIVERSITY DEPARTMENTS AND LICENSING OR OTHER CONTRACTUAL ARRANGEMENTS RELATED TO PATENTABLE PRODUCTS DEVELOPED BY FLORIDA STATE UNIVERSITY FACULTY, STAFF, AND STUDENTS. 15517033 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 145 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAVID O'KEEFE 8506443985 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 JOHN THRASHER CHAIR 1.00 40.00 X X 0 568549 193132 SALLY MCRORIE PHD DIRECTOR 1.00 40.00 X 0 330348 32853 KYLE CLARK DIRECTOR 1.00 40.00 X 0 330133 37811 SAM HUCKABA PHD DIRECTOR 1.00 40.00 X 0 250119 34859 GARY K OSTRANDER PHD PRESIDENT 15.00 40.00 X X 0 305639 47002 JOSEPH W LANDERS DIRECTOR 1.00 X 0 0 0 KAY STEPHENSON DIRECTOR 1.00 X 0 0 0 KIM WILLIAMS DIRECTOR 1.00 X 0 0 0 RICARDO SCHNEIDER DIRECTOR 1.00 X 0 0 0 ROSS ELLINGTON PHD VICE PRESIDENT 3.00 40.00 X 0 211178 30867 KELLY STARKE SECRETARY 5.00 40.00 X 0 59524 19854 BILL SWEENEY TREASURER UNTIL JANUARY 2016 20.00 20.00 X 0 133368 9828 HOLLY NEWELL CFO UNTIL AUGUST 2015 40.00 X 0 108800 25115 HEATHER CAVE EXECUTIVE DIRECTOR 40.00 X 0 0 0 THOMAS WETHERELL PHD FORMER DIRECTOR 0.00 40.00 X 0 309627 27779 LAWRENCE ABELE PHD FORMER DIRECTOR 0.00 40.00 X 0 103421 23421 GARNETT STOKES PHD FORMER DIRECTOR 0.00 40.00 X 0 83052 3119 DAVID COBURN FORMER DIRECTOR 0.00 40.00 X 0 133004 5441 0 2926762 491081 0 1 1 0 ALCHEMY-PARTNERS PC 5885 TRINITY PARKWAY SUITE 370 CENTREVILLE VA 20120 LEGAL-PATENT AND COPYRIGHT 219758 SUTHERLAND ASBILL & BRENNAN LLP 999 PEACHTREE STREET NE ATLANTA GA 303093996 LEGAL-PATENT AND COPYRIGHT 191967 SMITH & HOPEN PA 180 PINE AVENUE N OLDSMAR FL 34677 LEGAL-PATENT AND COPYRIGHT 142494 PUBLIC RELIGION RESEARCH INSTITUTE 2027 MASSACHUSETTS AVE NW F13 WASHINGTON DC 20036 RESEARCH GRANT 138000 4 CONTRACTS AND GRANTS 900099 12575193 12575193 RENTAL REVENUE 532000 3403295 3403295 LICENSING FEES & ROYALTIES 900099 707327 707327 16685815 8333919 6006570 2327349 2327349 2327349 19013164 16685815 0 2327349 12131963 12131963 444259 444259 54944 54944 427139 427139 30797 30797 28000 28000 86987 86987 34629 34629 RENTAL EXPENSES 1699958 1699958 PATENT & LICENSING COST 803577 803577 ROYALTY ALLOCATIONS 432440 432440 MISCELLANEOUS EXPENSES 4836 4836 16179529 15517033 662496 0 76989316 75723097 1351059 688442 22932 293600 1000000 1000000 123703 99065 27944306 11027546 17841836 16916760 42497456 47470059 5670873 5583914 145497175 147774937 211723 327634 10796989 10109266 10600000 10100000 7438785 9060463 29047497 29597363 X 116449678 118177574 0 0 0 0 116449678 118177574 145497175 147774937 X 2833635 -1053272 -52467 X X 0 1 X 1 0 X X 1 FLORIDA STATE UNIVERSITY 591961248 2 1 14743249 0 1 14743249 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1326654 1326654 26617652 11027546 15590106 16916760 NORTHERN TRUST NTGI-QM 47470059 F 47470059 INVENTORS ALLOCATIONS PAYABLE 348294 INVENTORS DPTMT ALLOCATIONS PAYABLE 1445595 DUE TO FLORIDA STATE UNIVERSITY 6035976 GIFT ANNUITY OBLIGATION 243317 UNAMORTIZED PREMIUM 987281 9060463 X 17959892 -1053272 -1053272 19013164 0 19013164 16231996 52467 52467 16179529 0 16179529 PART X, LINE 2: PURSUANT TO A DETERMINATION LETTER RECEIVED FROM THE INTERNAL REVENUE SERVICE, THE RESEARCH FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND AS SUCH IS LIABLE FOR TAX ONLY ON BUSINESS INCOME UNRELATED TO THE PURPOSE FOR WHICH IT IS EXEMPT. NO PROVISION FOR INCOME TAX EXPENSE OR LIABILITY HAS BEEN MADE IN EITHER YEAR PRESENTED. THERE ARE CURRENTLY NO INTERNAL REVENUE SERVICE AUDITS IN PROGRESS FOR ANY TAX PERIODS, AND NO SIGNIFICANT NONFEDERAL TAX JURISDICTIONS. THE RESEARCH FOUNDATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS REMAIN SUBJECT TO EXAMINATION. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ANNUITY VALUE, REPORTED ON 990 PART XII 52,467. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES ARCHAELOGICAL DIG RESEARCH 8900 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES MARINE RESEARCH AND SOCIAL ENTREPRENEUR RESEARCH 47500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES SOCIAL ENTERPRENEUR RESEARCH 45000 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES SOCIAL ENTREPRENEUR RESEARCH 17613 SOUTH AMERICA 0 0 PROGRAM SERVICES MARINE RESEARCH 36268 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 277209 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 5000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 6769 0 0 0 0 0 0 444259 0 444259 EUROPE (INCLUDING ICELAND & GREENLAND) RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 152405 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 59056 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 33577 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 22171 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 5000 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 5000 WIRE TRANSFER RUSSIA AND NEIGHBORING STATES RESEARCH ON THE SCIENCE & PHILOSOPHY OF SELF CONTROL 5000 WIRE TRANSFER NORTH AMERICA MARINE RESEARCH 6769 WIRE TRANSFER 8 0 0 0 0 0 0 PART I, LINE 2: FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION HAS AN INTERNAL GRANTS DEPARTMENT THAT REVIEWS THE CONTRACTS AND GRANTS FOR COMPLIANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES AND SPONSOR GUIDELINES. SCHEDULE F, PART I, LINE 3 PART I, LINE 3, THE EXPENSES REPORTED MAY INCLUDE BOTH FOREIGN AND DOMESTIC ACTIVITY. 1 FLORIDA STATE UNIVERSITY 600 W COLLEGE AVENUE TALLAHASSEE FL 32306 591961248 115 12131963 RESEARCH 1 PART I, LINE 2: FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION HAS AN INTERNAL GRANTS DEPARTMENT THAT REVIEWS THE CONTRACTS AND GRANTS FOR COMPLIANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES AND SPONSOR GUIDELINES. X X X 0 0 0 0 0 0 0 0 0 JOHN THRASHER CHAIR 0 432996 0 90000 0 45553 0 163567 0 29565 0 761681 0 0 SALLY MCRORIE PHD DIRECTOR 0 254588 0 0 0 75760 0 25678 0 7175 0 363201 0 0 KYLE CLARK DIRECTOR 0 322872 0 0 0 7261 0 20609 0 17202 0 367944 0 0 SAM HUCKABA PHD DIRECTOR 0 250119 0 0 0 0 0 19637 0 15222 0 284978 0 0 GARY K OSTRANDER PHD PRESIDENT 0 305639 0 0 0 0 0 29800 0 17202 0 352641 0 0 ROSS ELLINGTON PHD VICE PRESIDENT 0 198948 0 0 0 12230 0 15645 0 15222 0 242045 0 0 THOMAS WETHERELL PHD FORMER DIRECTOR 0 309627 0 0 0 0 0 12557 0 15222 0 337406 0 0 LAWRENCE ABELE PHD FORMER DIRECTOR 0 103421 0 0 0 0 0 8206 0 15215 0 126842 0 0 GARNETT STOKES PHD FORMER DIRECTOR 0 22684 0 0 0 60368 0 3114 0 5 0 86171 0 0 DAVID COBURN FORMER DIRECTOR 0 133004 0 0 0 0 0 5441 0 0 0 138445 0 0 A STATE OF FLORIDA 593211153 2013-01-01 11920000 RESEARCH 0 0 0 A 1820000 11920000 11920000 1 0 1 1 A 0 0 0 1 1 0.06890 0.06890 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE DIRECTOR AND ASSISTANT DIRECTOR. ANY ISSUES OR QUESTIONS ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. UPON THE APPROVAL OF DIRECTOR, THE RETURN IS PROVIDED TO THE BOARD BEFORE THE RETURN IS FILED WITH THE IRS. DISTRIBUTION TO ALL BOARD MEMBERS MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION OF A LINK TO A WEBSITE OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. ANY KNOWN OR POTENTIAL CONFLICTS ARE DISCUSSED AND RESOLVED WITH THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A ALL SALARIES ARE IN A PAYBAND BASED ON POSITION LEVEL. THE CFO HAS AN ANNUAL WRITTEN CONTRACT WITH FSU. THE ORIGINAL SALARY WAS SET BY THE PRESIDENT OF FSU RESEARCH FOUNDATION, AND THE ASSOCIATE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION FOR FSU. SUBSEQUENT TO THAT, THERE IS AN ANNUAL REVIEW. SALARY INCREASES ARE PROVIDED WHEN THE STATE GIVES RAISES, AND WHEN APPROVED BY THE PRESIDENT. THE MOST RECENT COMPENSATION COMPARISON WAS CONDUCTED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, BYLAWS AND ARTICLES OF INCORPORATION ARE AVAIALBLE ON THE WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ANNUITY VALUE -52,467. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. FLORIDA STATE UNIVERSITY 600 W COLLEGE AVENUE TALLAHASSEE FL 32306 591961248 EDUCATION FL 115 N/A 0 CHIEFTAN INC 3012 WESTCOSTT NORTH ANNEX TALLAHASSEE FL 32306 473224768 RENTAL FL FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC C 93340 1.00000 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 FLORIDA STATE UNIVERSITY J 3223702 CASH VALUE FLORIDA STATE UNIVERSITY R 1132466 CASH VALUE PART IV: DURING FISCAL YEAR 2015, THE RESEARCH FOUNDATION OBTAINED AN OWNERSHIP INTEREST IN CHIEFTAN, INC. CHIEFTAN, INC. WAS INCORPORATED IN FEBRUARY 2015 FOR THE PURPOSE OF OPEARTING THE CHIEFTAN GREEN APARTMENT COMPLEX. THE RESEARCH FOUNDATION OWNED 100% OF THE STOCK OF CHIEFTAN, INC. SUBSEQUENT TO JUNE 30, 2015, OWNERSHIP OF THE CHIEFTAN GREEN APARTMENT COMPLEX WAS TRANSFERRED TO THE RESEARCH FOUNDATION AND CHIEFTAN, INC. WAS DISSOLVED ON DECEMBER 31, 2015. THE TAX YEAR FOR CHIEFTAN, INC. WAS A CALENDAR YEAR ENDING ON DECEMBER 31, 2015, THEREFORE, THERE IS INCOME BUT NO ASSETS TO REPORT IN PART IV, COLUMNS F AND G AS CHIEFTAN HAD ACTIVITY DURING THE RESEARCH FOUNDATION'S 2015 TAX YEAR BUT DISSOLVED BEFORE THE END OF SAID TAX YEAR.